Compare LeaseAccounting.app vs. iCoral

LeaseAccounting.app is a self-serve IFRS 16 and FRS 102 lease accounting platform built for finance teams who want audit-ready compliance without spreadsheets, implementation consultants, or six-figure setup costs. Made by ZenTreasury Oy in Helsinki, Finland with EU-only data hosting. Designed for SMEs reporting under IFRS 16 or FRS 102 (UK GAAP), typically managing 5 to 50 leases. The platform generates complete lease schedules, journal entries, modifications, remeasurements, terminations, and one-click audit evidence packs from any lease contract. AI-assisted contract extraction reads your PDFs and proposes lease terms with confidence scoring; you approve, and the deterministic calculation engine produces the numbers. Same inputs, same outputs, every time. Zen AI is advisory only and never touches a calculation. Other features: Discount Rate Advisor pulls reference rates from central bank sources and drafts a rate memo for review; continuous compliance monitoring flags indexations due, expiring leases, and overdue reassessments; multi-entity bookkeeping from day one; auditor portal access with activity logging (coming soon); journal export to SAP, Oracle, Dynamics, and NetSuite formats; Azure AD / Entra ID SSO with JIT provisioning. Pricing: free tier covers 2 leases with no credit card required. Paid plans start at €149 per month with no per-seat pricing and generous team access included on every tier. Differentiation: built IFRS-first (not ASC 842-first), EU-hosted, fully implemented FRS 102, and self-serve onboarding. The trusted alternative to spreadsheet-based compliance and consultant-heavy enterprise lease tools.

iCORAL offers a comprehensive management solution specifically designed for container leasing. It efficiently manages leasing activities for a vast number of containers, making it ideal for businesses of various sizes, from small enterprises to large corporations. The robust lease management feature encompasses all aspects, from the initial procurement to the final sale of containers. As a web-based platform, once it is set up in a central location, it grants access to users in offices globally. The software is built on a solid architecture that has been refined over the years. It allows for real-time generation of lease documents and accommodates various equipment sizes and types. iCORAL also keeps a version history and audit trail, facilitating straightforward data entry and the ability to duplicate existing leases. The system includes a workflow-driven approval process and the flexibility to customize lease terms according to general or client-specific requirements. Additionally, it supports diverse pricing models and payment terms, including DPP terms and location-specific redelivery caps, making it a versatile tool for companies in the container leasing industry. Overall, iCORAL stands out as a powerful ally for businesses looking to streamline their container leasing operations.